Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

Learn how the new 'No Tax on Tips' deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work ...

Social Security recipients will see a 2.8 percent boost in cost-of-living adjustment (COLA) for 2026, raising the average ...

Trump predicts record tax refunds in 2026. Here’s how new tax laws, withholding changes, and timing could mean a bigger ...

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

Gambling losses have been tax-deductible in the past, but this time around, gamblers will be limited to receiving a 90 ...

Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.

You might be able to lower your present-day tax bill while boosting your retirement savings. But getting the mechanics right ...

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

The government is adding a new deduction for non-itemizers. Starting in 2026, they will be able to deduct up to US$1,000 of ...

The IRS widened income ranges for most tax brackets, which could slightly reduce how much is withheld from paychecks.